be serious. people will not hand it over. if guns were declared illegal in Texas tomorrow how many guns would be handed in?
Sorry, but you cannot have the 'Land of the Free' banning Gold without the whole world making a mockery of the US. I mean Gold, it's such a dangerous weapon, right up there with weapons grade plutonium Mind you, they'll probably try and spin the argument with the word 'terrorist' as in 'only terrorists own and like Gold - non-terrorists and patriots give it/sell it back to their government.'
Yes, I know . But after reading Wealth, War and Wisdom by Barton Biggs I am not sure that physical gold is the best wealth protection. But it depends on the country and the situation. (sometimes fine art, sometimes land, sometimes jewelry worked better). For inflation, hyperinflation probably gold is the best , but if the problems are bigger (war, civil war, nationalization) may be it is not enough to have only gold. We'll see ...
this is a correction to the previous post which accidentally attributes to Crazy A which he did not make.
Gold was money once, now it is just a relic of a bygone age. Main use of gold today is by Indian farmers as bling for the wife. Do you think all the gold could have built the modern world we see today? Simply not enough of it around to fund everything. Gold is now just an asset class like any other and is subject to bubbles and crashes like everything else. This gold bubble still has legs. So money still to be made.
They'll move out of the US to, say, Switzerland.. Unrelated but another reason why taxing the rich won't work.. they'll just move away.
It's not Bearice. He has a different writing style. Plus his posts are longer and jump from one subject to another. This guy or girl is concise and consistent.